From competing offers of 20 to houses having $200,000 price reductions, we live in an unpredictable market! The highest records sales have been reported in the last few months and it appears now to be slowing slightly.
I have heard many crazy stories about homes and condos selling in one day. I personally sold my own condo in one day with competing offers in May. A far cry from what we experienced last year with what I call the "Condo Slump". With houses going crazy, condos and townhouses are the only property new buyers can afford.
We are living in a crazy feverish buying frenzy world, where housing prices and rents are out of control. All you have to do in tune in to the radio or see the news to hear the stories!
Sunday, July 17, 2016
Saturday, July 18, 2015
Saturday, January 10, 2015
With over a decade of experience as a REALTOR(r) in the Fraser Valley Region, Laura Dereniowski is well equipt to handle the needs of her clients. From her unique and trail blazing work with social media, to the dedication she shows to her clients and community, Laura's total commitment in all of her endeavors shines through. Laura has received countless accolades and awards during her career including recognition from the Fraser Valley Real Estate Board as a "Medallion" level agent, as well as a prestigious award from RE/MAX for her work with the GA committee as Chair. She is often seen volunteering for causes such as the Children's Miracle Network, local hockey fund raisers, and Artists for Conservation events. Laura has a unique empathy for the emotional pressures of a move, which keeps her focused on the best interests of her devoted clientele. With her positive demeanor and hearty laugh, Laura's business acumen and vibrant energy are powerful assets in helping others achieve their dreams.
I look to forward to working with Laura!
Friday, May 2, 2014
Thursday, April 3, 2014
Delta Rise on Shaw
Wednesday, April 2, 2014
BUYERS SEE VALUE IN SINGLE FAMILY DETACHED HOMES IN THE FRASER VALLEY (Surrey, BC) – In March, the Fraser Valley Real Estate Board (FVREB) processed 1,259 sales on its Multiple Listing Service® (MLS®), an increase of 12 per cent compared to the 1,128 sales during March of last year, and a 14 per cent increase compared to February’s 1,102 sales. Ray Werger, President of the Board, says, “We did see activity pick up last month with an increase in demand in particular for single family detached homes. Sales were noticeably higher in North Delta, Mission and Langley compared to last year. “Last March, sales of detached homes accounted for 55 per cent of sales of our three main residential property types and this year that increased to 58 per cent. It may not sound like much, but that translated into over 100 more sales. The property type that lost ground was townhouses.” Werger explains, “Our main buyers are families looking for the best value possible by taking advantage of continuing low interest rates and stable home prices.” The most popular price range for single family detached homes in the Fraser Valley last month was between $500,000 and $600,000. The benchmark price of a typical detached home was $563,400, an increase of 3.5 per cent compared to $544,300 during the same month last year. For townhouses, the benchmark price in March was $297,100, a decrease of 0.4 per cent compared to $298,200 in March 2013 and the benchmark price of apartments was $195,400, a decrease of 4.3 per cent compared to $204,200 in March 2013. The Board posted 2,799 new listings last month, an increase of 2 per cent compared to the 2,736 posted during March of last year bringing the total number of active listings in March to 8,763 – 8 per cent less than were available during March 2013. Werger adds, “We can’t emphasize enough that real estate is local. What’s happening with the Fraser Valley housing market in general may or may not be happening to the market for your home. Contact your local REALTOR® for detailed market information by community, neighbourhood and property type.” In March, Fraser Valley’s sales-to-active-listings ratio – a comparison of sales and inventory that measures the health of the market – was 14 per cent for all property types (residential and commercial combined); and, 18 per cent for the three main residential property types indicating stability in the marketplace. —30 — The Fraser Valley Real Estate Board is an association of 2,792 real estate professionals who live and work in the BC communities of North Delta, Surrey, White Rock, Langley, Abbotsford, and Mission. The FVREB marked its 90-year anniversary in 2011.